The past year has been a period of spectacular progress in our investigation of exotic molecules of astrophysical interest. During this period an entirely new spectrometer for the investigation of reactive molecules was finished: a Fourier-transform microwave spectrometer with a supersonic molecular beam. The instrument is operating almost flawlessly, and during the above period of less than two years has discovered the 23 new carbon chain and ring-chain molecules. Seventeen research papers, nearly all in leading refereed journals such as the Astrophysical Journal and the Journal of Chemical Physics have been published. At least five more papers are being prepared for publication. Already four of our new molecules have been detected in space with large radio telescopes. In many ways the most interesting of these is HC(11)N, which now ranks as the largest molecule definitely identified beyond the solar system. Nearly all the other new molecules are candidates for astronomical detection, and we will be disappointed if a number of them are not found as more sensitive receivers and larger telescopes are constructed. During the next year we expect this wave of discovery to continue, and to insure rapid progress we have designed an even more sensitive spectrometer which will operate at the temperature of liquid helium. The goal of this system is to enhance the sensitivity of Fourier-transform spectroscopy by a further factor of 20 to 50, achieving this by reducing the amplifier and thermal noise to levels routinely achieved in radio astronomy. This new instrument offers a number of technical challenges in cryogenic and microwave engineering, but none of these appears to be insurmountable, and our current schedule is to have the helium cooled system operating within the next six months. A number of investigations continued with our conventional free space spectrometer, which remains a powerful complement to our new FTM instrument.